๐๐ญ Leviโs Dey Yarn You Make You Change Di Way You Buy Jeans ๐๏ธ
โฌ๏ธ Pidgin โฌ๏ธ โฌ๏ธ Black American Slang โฌ๏ธ English
Inside Leviโs store for Market Street for San Francisco, di denim maker don extend im collection, wey dey shine well well. Di mannequins dey wear full-body denim from head to toe. Black denim overalls dey combine with light-blue long-sleeve denim blouse, wey dey match with denim cap. Anoda one dey rock denim cross-body bag. For one corner, plenty blue jean jackets dey, wey go make you feel like hippie, rancher, or rock star, depend on which one you like. ๐๐๐
โE no just be only walls and walls of jeans,โ Michelle Gass talk as she dey scan di store dis month, few days afta she become di chief executive of Levi Strauss & Company. Di tops wey Leviโs don dey produce fast fast, equal di number of jeans for di store. ๐๐๐ผ
On dat day, Ms. Gassโs outfit still be example of wetin di company dey aim for. She swap her usual black leather jacket wey she dey wear when she be chief executive for Kohlโs, for dark-wash Leviโs trucker jacket and ’90s-inspired midi denim skirt to match. ๐๐๐งฅ
Ms. Gass, wey be 55 years old, wan make Leviโs no be only brand wey you go think of wen you wan buy jeans, but also di place wey you go first when you dey shop for shirts, jumpsuits, and puffer jackets. Her aim na to make customers dey come back more often โ since people dey usually buy tops pass bottoms โ and to bring dem go Leviโs stores, website, and mobile app. ๐ฑ๐๐
โWhen you dey build stores, when you dey create e-commerce site, di consumer wan explore and shop more than just for pair of jeans,โ Ms. Gass talk. ๐ฌ๐ป๐๏ธ
Dis approach na key element to turn 171-year-old clothier into true retailer instead of brand wey dey sell im wares mostly for oda companiesโ stores.
Sales through Leviโs direct-to-consumer channels, wey dem call D.T.C., increase 11 percent for di last quarter, while Leviโs sales through retailers like Macyโs, Kohlโs, and Amazon fall 2 percent. Overall sales for di company dey flat for 2023 compared to di year before. ๐ผ๐ฐ๐
Dis na di tough math wey Leviโs dey try to solve as investors still dey expect growth from dem. Last year, revenue be $6.2 billion. For January, di denim company tell Wall Street say dem plan to increase total sales to $9 billion to $10 billion eventually. Dem no set specific target date for am. ๐ต๐๐ฏ
But wetin Ms. Gass and her senior leadership team don dey very clear about na say dem stores and di plenty plenty products wey dem fit put inside dem go play big role to achieve dat revenue goal. For six years, dem want make 55 percent of di revenue to come from dia direct-to-consumer business, up from di current 42 percent. ๐ช๐๐
โIt really be moving dis company to be, I go call am, a denim lifestyle retailer,โ Ms. Gass talk. โDat na di big pivot.โ ๐๐๐๏ธ
๐ Sources
NOW IN BLACK AMERICAN SLANG
๐๐ก Leviโs Flipping the Script on Your Denim Shopping Game ๐๏ธ
In the Leviโs spot on Market Street in San Francisco, peep the fresh drip from the denim giant’s expanded lineup. Them mannequins drippin’ head to toe in Leviโs iconic denim gear. Black denim overalls rockin’ with light-blue long-sleeve denim tops, topped off with denim caps. Another vibe with a denim cross-body bag. Slide to the wall for a look at the blue jean jackets, letting you flex like a hippie, rancher, or rockstarโwhatever fits your vibe. ๐๐๐
“It ain’t just stacks on stacks of jeans,” peeped Michelle Gass as she scoped out the scene this month, just days after she took over as the big boss at Levi Strauss & Company. The mix of tops, churnin’ out faster than ever, matchin’ up with the jeans on deck in the store. ๐๐๐ผ
And check her fit that dayโit’s the blueprint for what Leviโs is about now. Swapping her go-to black leather jacket, the signature look from her days at Kohlโs, for a dark-wash Leviโs trucker jacket and a ’90s-inspired midi denim skirt to complete the vibe. ๐๐๐งฅ
Ms. Gass, 55, ain’t just tryna make Leviโs the spot for jeansโit’s about bein’ the first stop for shirts, jumpsuits, and puffer jackets too. Her goal? Get folks coming back more often, ’cause people cop tops more often than bottoms. She’s tryna steer ’em to Leviโs spots, the website, and the app. ๐ฑ๐๐
“When you’re settin’ up shops, when you’re building an e-commerce site, folks wanna explore and shop for more than just a pair of jeans,” Ms. Gass laid out. ๐ฌ๐ป๐๏ธ
This move is key in turnin’ the 171-year-old brand into a true retailer, not just a brand pushin’ its stuff in other folks’ stores.
Sales straight through Leviโs channels, known in the game as D.T.C., went up 11 percent in the latest quarter, while sales through spots like Macyโs, Kohlโs, and Amazon took a 2 percent hit. Overall sales stayed flat last year compared to the year before. ๐ผ๐ฐ๐
That’s the challenge for Leviโs with investors expectin’ growth. Last year, they pulled in $6.2 billion. In January, Leviโs let Wall Street know they aim to hit $9 billion to $10 billion in sales eventually, though no specific date’s set. ๐ต๐๐ฏ
But peep gameโMs. Gass and her crew ain’t playin’. Leviโs spots and the gear they sling there are key in reachin’ that sales goal. Within six years, they want 55 percent of sales comin’ straight from their spots, up from 42 percent now. ๐ช๐๐
“This move is about turnin’ the company into a full-on denim lifestyle retailer,” Ms. Gass stressed. “That’s the major switch-up.” ๐๐๐๏ธ
NOW IN ENGLISH
๐๐ญ Leviโs Encourages a Shift in Your Denim Shopping Perspective ๐๏ธ
Inside the Leviโs store on Market Street in San Francisco, the denim maker’s newly expanded collection takes center stage. Mannequins are styled from head to toe in Leviโs signature denim attire. Black denim overalls are paired with light-blue long-sleeve denim blouses, complemented by denim caps. Another ensemble features a denim cross-body bag. A display wall showcases an array of blue jean jackets, allowing shoppers to channel their inner hippie, rancher, or rock star, depending on their preference. ๐๐๐
“It’s not just walls and walls of jeans,” remarked Michelle Gass as she surveyed the store this month, shortly after assuming the role of chief executive officer at Levi Strauss & Company. The collection of tops, which Leviโs has been producing at an accelerated pace, matches the store’s inventory of jeans. ๐๐๐ผ
On that day, Ms. Gass’s outfit exemplified the direction the company is taking. She traded her signature black leather jacket, her go-to look during her tenure as chief executive at Kohlโs, for a dark-wash Leviโs trucker jacket and a ’90s-inspired midi denim skirt to complete the ensemble. ๐๐๐งฅ
Ms. Gass, 55, aims to position Leviโs not only as the go-to brand for jeans but also as the primary destination for shirts, jumpsuits, and puffer jackets. Her objective is to encourage customers to visit more frequentlyโsince people typically purchase tops more often than bottomsโand to direct them to Leviโs stores, website, and mobile app. ๐ฑ๐๐
“When you’re establishing stores, when you’re developing an e-commerce site, consumers want to explore and shop for more than just a pair of jeans,” Ms. Gass explained. ๐ฌ๐ป๐๏ธ
This strategy is a fundamental aspect of transforming the 171-year-old clothier into a bona fide retailer rather than a brand that primarily sells its products through other companies’ stores.
Sales through Leviโs direct-to-consumer channels, known in the industry as D.T.C., increased by 11 percent in its most recent quarter, while sales through retailers such as Macyโs, Kohlโs, and Amazon declined by 2 percent. Overall sales at the company remained flat in 2023 compared to the previous year. ๐ผ๐ฐ๐
This poses a challenge for Leviโs as investors continue to anticipate growth. Last year, revenue amounted to $6.2 billion. In January, the denim company informed Wall Street of its plans to eventually increase total sales to $9 billion to $10 billion, although it did not specify a target date. ๐ต๐๐ฏ
However, Ms. Gass and her senior leadership team have made it clear that Leviโs stores and the range of products they offer will play a significant role in achieving that revenue goal. Within six years, they aim for 55 percent of revenue to come from their direct-to-consumer business, up from the current 42 percent. ๐ช๐๐
“This entails transforming the company into what I would call a denim lifestyle retailer,” Ms. Gass emphasized. “That’s the major shift.” ๐๐๐๏ธ